Chizhov: the EU may announce new US sanctions against Russia is inactive in the territory of the Union

MOSCOW, July 27. /TASS/. The European Union is considering in response to the United States Federal legislation on expanding sanctions against Russia declaring it inoperative in the territory of the enterprises and the prohibition of financing of European banks to American companies. About it on air of TV channel “Russia 24” said Russia’s permanent representative to the EU Vladimir Chizhov.

“So far the conversation is quite serious about such potential measures as, for example, the announcement that this American law is not in effect in the territory of the European Union. The second step is the closing of the funding of European banks to American companies,” he said, noting that such measures may not be comparable to the volume of the damage, in the case of the implementation of the bill in its current form, will bear the European business.

According to him, the European business is seriously concerned about the situation around the anti-Russian sanctions. “And it’s not just energy companies that are directly involved in the interaction with the Russian side, but many other”, – he explained, noting that the EU recently “did everything to minimize the damage” from sanctions, but has not reached significant success in this direction.

Chizhov believes that a bill toughening sanctions against Russia, Iran and North Korea is likely to be adopted. “Count on the fact that the bill will not pass the U.S. Senate, is not necessary. As well as not have to rely on the fact that it can not be signed by the President trump. Trump essentially in a hopeless situation,” he said.

The reaction of the EU will influence relations with Russia

According to Chizhov, Russia and the European Union clarifies its position regarding the new anti-Russian sanctions of the United States, in particular, said Brussels about the consequences that may result in a bill.

The house of representatives of the U.S. Congress approved earlier bill providing for the toughening of unilateral American sanctions against Russia, Iran and North Korea. Now the document should be considered by the Senate. It is expected that the upper chamber of Congress will take this bill, which enjoys on Capitol hill broad support as the opposition Democratic and the Republican party. Then the document, called “the Law on counteraction to enemies of America by sanctions”, will be on the Desk of the President.

The Chairman of the foreign Affairs Committee of the Senate Bob Corker said on 26 July that the U.S. Congress would like to make certain changes in the law that increased American sanctions against Russia, Iran and North Korea.